Balance Sheet Presentation of Available-for-Sale Investments

During 2014, Toney Corporation held a portfolio of available-for-sale securities having a cost of $180,700. There were no purchases or sales of investments during the year. The market values at the beginning and end of the year were $213,200 and $171,700, respectively. The net income for 2014 was $166,200, and no dividends were paid during the year. The Stockholders' Equity section of the balance sheet was as follows on December 31, 2013:

Toney Corporation Stockholders' Equity December 31, 2013
Common stock		$38,000
Paid-in capital in excess of par		286,000
Retained earnings		375,900
Unrealized gain (loss) on available-for-
	sale investments	32,500
	Total	732,400

Prepare the Stockholders' Equity section of the balance sheet for December 31, 2014. Toney Corporation Balance Sheet (selected Stockholders' Equity items) December 31, 2014 Total